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Retail and Storage Opportunity
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1651 Toledo Rd, Elkhart, IN 46516

Mixed-use facility with retail and storage spaces for sale.

Property Size23,060 SF
Price / SF$43.15
Days on Market1031

Property Features for 1651 Toledo Rd

General Information

Standard status Active
Size 23,060 SF
Property subtype Retail
Zoning P-3, PUD

Building Details

Year Built 1988
Stories 1
Tenancy Single
Listing Agency: Pinnacle Properties
Listed By: Ryan White · License #IN
Source: Crexi
Added: Nov 2, 2023 Changed: Aug 26 Last Checked: Aug 26 at 1:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Properties

Investment Insights

Based on property information with market context.

The property features a mix of commercial spaces, including 27 non-climate controlled storage units and five retail spaces. The total net rentable area is 23,060 square feet. The facility is not fully occupied, presenting an opportunity to increase income through higher rents and stabilized growth.

Key Highlights

  • Opportunity to capture higher rents and increase income through stabilized growth.
  • Boasts 23,060 net rentable square feet.
  • Includes 27 non‑climate controlled units.

Property Analytics

Current Use

Dynamic Transportation Freight Service Vesuvio Pizza Restaurant Dynamic Soccer Sports Field & Court Interrock Capital LLC Corporate Office Interrock LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Pharmacy Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby

Demographics for 46516, IN

33,670
Population
14,137
Households
2.4
Avg Household Size
35
Median Age
18%
College-Educated
84%
High-School Grad
17.5 sq mi
ZIP Area
1,924
Density / Sq Mi
$54,934
Median Household Income
$39,189
Median Earnings
$986
Median Rent
$150,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Mixed-use facility with retail and storage spaces for sale.
Where is this retail space located?
The property is located at 1651 Toledo Rd Elkhart, IN.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Opportunity to capture higher rents and increase income through stabilized growth.; Boasts 23,060 net rentable square feet.; Includes 27 non‑climate controlled units.
(574) 315-9615 Call to check price and availability
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